Everyone’s asking the same question right now: “Why would I give up my 3–4% interest rate to buy at today’s higher rates?” It’s a fair question—but it’s also the wrong frame. You don’t live in your interest rate. You live in your home. A low rate is powerful, but it’s...
THE AFFORDABILITY QUESTION. We’ve been thinking about this—not just as real estate professionals and small business owners, but as we have watched the housing market evolve over decades. For years, our economy measured progress by expanding access to credit. More...